1102 Summit ST, Austin TX 78741

Off Market

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Ed's Opinion of Value

$721,161 Ed's Estimate: $824,210 $1,050,000

Lowest Comp Recommended List: $473,000 to $483,000 Highest Comp

The market data from 3 similar recent sales in BELLVUE PARK points to a value of approximately $824,210. To sell within a reasonable timeframe at fair market value, the $473,000 to $483,000 range is where I'd position this. Among the similar homes currently available in BELLVUE PARK, this price point stands out as competitive. Being 198 sqft larger than the average comparable sale in this area impacts the per square foot value. There are currently 5 similar homes on the market in BELLVUE PARK, ranging from $450,000 to $1,050,000. In 78741, home values have fallen approximately 1.1% over the past 6 months. One of the strongest data points is 1211 Alta Vista Ave, Austin TX 78704, adjusting to $798,585; with a smaller floor plan. 3 comparable transactions in BELLVUE PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

78741 Market Trends

$348,450 Median Sold Price ▼ 1.1% 6mo

$259/sqft Median $/SqFt ▼ 5.8% 6mo

70 days Avg Days on Market 12 days faster

111 homes Active Inventory 10.1 mo supply

95.5% Sale-to-List Ratio

66 Sales (6 months)

Recently Sold Comparables

$798,585 adjusted 1211 Alta Vista Ave, Austin TX 78704 3bd / 1.0ba • 1,212 sqft • 0.5 mi Sold 10 months ago

$950,322 adjusted 2003 Kenwood Ave, Austin TX 78704 2bd / 1.0ba • 1,226 sqft • 0.8 mi Sold 8 days ago

$721,161 adjusted 1114 Mission RDG, Austin TX 78704 2bd / 1.0ba • 1,146 sqft • 0.4 mi Sold 11 months ago

Currently on Market

$775,000 1112 Mission RDG, Austin TX 78704 3bd / 2.0ba • 1,379 sqft • 0.4 mi 42 days on market

$1,050,000 2612 Little John LN, Austin TX 78704 3bd / 2.0ba • 1,326 sqft • 1.4 mi 44 days on market

$750,000 2510 Little John LN, Austin TX 78704 3bd / 2.0ba • 1,393 sqft • 1.3 mi 1 days on market

0 Beds

0 Baths

1,393 Sq Ft

0.196 Acres

1947 Built

About This Property

Incredible development opportunity. Renovation of existing structure is not highest and best use and is likely cost prohibitive. Priced for lot value. Interesting topo from front to rear provides the opportunity for utilizing the basement exemption. Lot levels out at the top which could lead to incredible views of downtown and Lady Bird Lake depending on building/roof orientation. Two large trees but positioned well to accommodate development; tree health status is questionable. Survey & title commitment available in MLS docs. Reach out to agent with any questions. Previous tenants have vacated so property is available to GO!

Location

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Schools

School District Austin ISD

Elementary Travis Hts

Middle School Fulmore

High School Travis

Property Details

Property Type Land

Exterior Private Yard

County Travis

MLS # 7320447

Tax Information

Annual Taxes $8,436 (2021)

Listing History

MLS# 7320447 3 days

Apr 18, 2022	Off Market
Apr 1, 2022	Listed		$650,000

Frequently Asked Questions About 1102 Summit ST, Austin TX 78741

When was 1102 Summit ST, Austin TX 78741 built?

1102 Summit ST, Austin TX 78741 was built in 1947.

How much does 1102 Summit ST, Austin TX 78741 cost?

1102 Summit ST, Austin TX 78741 sold on April 18, 2022. Contact us for sale price details.

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